Smart Asia Chemical Bhd (XKLS:0306) Debt-to-EBITDA : 1.42 (As of Dec. 2024)

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What is Smart Asia Chemical Bhd Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Smart Asia Chemical Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM3.91 Mil. Smart Asia Chemical Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM15.16 Mil. Smart Asia Chemical Bhd's annualized EBITDA for the quarter that ended in Dec. 2024 was RM13.44 Mil. Smart Asia Chemical Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.42.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Smart Asia Chemical Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0306' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45 Med: 1.16 Max: 6.71
Current: 6.71

During the past 5 years, the highest Debt-to-EBITDA Ratio of Smart Asia Chemical Bhd was 6.71. The lowest was 0.45. And the median was 1.16.

XKLS:0306's Debt-to-EBITDA is ranked worse than
79.63% of 1198 companies
in the Chemicals industry
Industry Median: 2.405 vs XKLS:0306: 6.71

Smart Asia Chemical Bhd Debt-to-EBITDA Historical Data

The historical data trend for Smart Asia Chemical Bhd's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Smart Asia Chemical Bhd Debt-to-EBITDA Chart

Smart Asia Chemical Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

1.50

0.45

1.11

1.16

2.43

Smart Asia Chemical Bhd Quarterly Data
	Dec20	Dec21	Dec22	Dec23	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	-1.63	2.93	1.42

Competitive Comparison of Smart Asia Chemical Bhd's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Smart Asia Chemical Bhd's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Smart Asia Chemical Bhd's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Smart Asia Chemical Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Smart Asia Chemical Bhd's Debt-to-EBITDA falls into.

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Smart Asia Chemical Bhd Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Smart Asia Chemical Bhd's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.91	+	15.157)	/	7.856
	=	2.43

Smart Asia Chemical Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.91	+	15.157)	/	13.444
	=	1.42

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.

Smart Asia Chemical Bhd (XKLS:0306) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Smart Asia Chemical Bhd Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Smart Asia Chemical Bhd's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Asia Chemical Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Smart Asia Chemical Bhd (XKLS:0306) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800

Website

https://www.smartasiachemical.com

Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners.

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